Foreign media/institutional perspective: In the interior, ETF markets are moving from a small number of wide-based giants to a more decentralized multi-centre pattern. The 100 billion-degree ETF camp has been fully “zeroed” with the fall of the 30-million-dollar depth of the ETF, which was preceded by a clear cooling of the wave of centralized requisitions driven by the broad-based index.

Kwangi's retreat.

Since 2023, 300 ETFs have been the first to cross the hundreds of billion threshold, followed by large-scale head wide-based ETF relays. By the middle of 2024, the market had at one point 400 billion stock-based ETFs, and, driven by the “9.24” line, the head product had continued to climb, with the top eight ETFs at one point exceeding 1.6 trillion yuan.

Transfer of funds to subdivisions

After 2026, institutional and personal funds began to flow out of the broad-based sector, with ETF, a subdivision of technology, securities, semiconductors, communications equipment, as well as gold, bonds, heterogeneity, NASDAQ, and so on, as a new source of finance. The Golden ETF in Huaan has risen to a position next to 300 ETF deep.

Market style is changing.

According to the article, the impact of the ETF boom is reflected not only in changes in size but also in the A stock style. Large market-market companies receive more visible financial support for wide-based requisitions and index adjustments, as do the impact of index inclusion and exclusion on individual equity prices. With the diversion of funds, ETF markets are shifting from scale to structure competition.